Introduces macroeconomics including the study of Keynesian,
classical, monetarist principles and theories, the study of national economic
growth, inflation, recession, unemployment, financial markets, money and
banking, the role of government spending and taxation, along with international
trade and investments. Lecture 3 hours per week.

GENERAL COURSE PURPOSE

This course is designed to introduce the body of economic
knowledge so that students may learn about the operation of the U.S. economy,
and gain a better understanding of current issues and problems that affect
everyday lives.

ENTRY LEVEL COMPETENCIES

No prerequisites required for this course. The student
must be literate in English and competent in fundamental arithmetic computation.

COURSE OBJECTIVES

Upon completion of the course, the student will be able
to:

A. understand the accepted body of principles
which are the foundation of economic thought

B. understand the operation of the American economic system

C. use conceptual tools and analysis to interpret the
measures and objectives of national economic policies